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First-Time Home Buyer Programs in Canada

With the continuous increase of housing prices, it’s tough for anyone who is looking for a new house at this moment. Most buyers don’t know that the government has released some programs that can help them save a ton of money. So, what are these programs about? Let’s find out here. Land Transfer Tax Rebate If you are a first-time home buyer in Ontario, you might be eligible for a refund of all or part of the land transfer tax, which is usually between 0.5% […]

What homeowners need to know about changes to capital gains exemptions?

With the continuous increase in home prices, the government has tried different ways to cool down the market, such as a “foreign buyer” tax in Ontario, the nationwide mortgage “stress test,” etc. However, all of these attempts haven’t succeeded so far. One method is still on the table, which is the capital gains tax exemption on Canadians’ primary residences. Again, this change might not happen, but if it does, it could cost homeowners a ton of money. Why homeowners enjoy a capital gains exemption Canada […]

Why is right now the best time to invest in condos?

Should I invest in the real estate market now? This might be a question asked by people. Some think investing now is a bad idea because the increasing rate of Covid cases lowers the demand of real estate, but is this actually true? House supply and demand Every year, over 120,000 new immigrants come to the GTA needing to find a place to live. To meet this demand, at least 45,000 new households need to be built. Last year marks a record of 22,500 new […]

How to save a down payment to buy a new house

When buying a home, most people struggle with financial problems; therefore, planning ahead for your down payment is a crucial step to getting prepared. 1. Set a goal After identifying the down payment you need, start to allocate a portion of your income into a monthly saving amount. You might need to open a savings account and start cutting down on your expenses to ensure that you can save money every month. Setting up an automatic saving schedule is a great way to remind you […]

First-time home seller tips

When you sell a house, you might wonder how to get the maximum profit from it. Not only that, the process of selling your house involves hidden costs, and if you don’t know them, it could cause you inconvenience in the future. Selling your home for the first time is tricky, but the following tips will help make it an easier experience. 1. Research The housing market is constantly changing, so make sure that you do proper research about mortgage rates, etc. Staying updated on […]

7 Affordable Indoor Plants That Boosts Green Vibes For Your Home

You don’t need to be a gardening expert to take care of these indoor plants. They can grow normally without needing much care. Indoor plants add a touch of nature to home and reduce the owner’s stress. 1. Pothos This indoor plant is super “flexible.” Why? Because whether you put them in bright or low light rooms, dry soil or in water, they survive. However, they are afraid of direct sunlight, so it’s recommended that you place it in your bathroom or home desk. 2. […]

Spring Cleaning Checklist: 7 Things You Can Clean At Home

Spring is coming, and that means you can bring up your house cleaning plan that was postponed for so long during the winter months. You know what I mean; we are not talking about simple chores like weeping the floor or washing your bed sheets. We are talking about the cleaning tasks that you haven’t done for months, and now is the best time to start. 1. Clean out your shed It’s been filled with so much stuff that maybe there is no room left […]

8 Affordable DIY Home Improvement Tips

When it comes to home improvement, most people depend heavily on outsourcing services to do the job. This is way more expensive compared to doing the home improvement yourself. With continual lockdowns, many homeowners decided to take charge of their home improvement since they can spend their free time doing something fun while saving their money. 1. Painting the Front Door When was the last time you painted your door? Does it still look new, or has the color changed because of dust and […]

Real Estate Agent Expenses

Real Estate Agent Expenses How much does it cost to become a Real Estate Agent? Real estate agent start-up costs vary depending on location, and on the board you would join. But here’s an idea of the investment you’ll make. Education and License fee: Salesperson Registration Education Program (Ontario): $3,600 (Approximately) License Fee: $2000 (Varies) Insurance: $450 (Varies) Note: Fee structure can change at any point by the regulatory authorities, please check with your location registration office/ board. Start-up and First-Year cost Brokerage cost and […]

How to the Pass Orea Exams

Looking to Pass your OREA Exams? Here are some helpful tips! AUDIO FILES If you have a busy schedule or someone who does not like to read, the content of your course is also available in audio narration, similar to an audiobook. You can listen to them on your computer, phone or tablet. If you wish to listen offline and are using a desktop computer, download the audio files. The audio files are contained in zips and will need to be extracted before use. You […]